Organization Root Tag

Little steps with tech; getting rid of clients; cuts and holidays; and other highlights from our favorite tax bloggers.

Economic confidence among accountants in North America grew in the second quarter, but declined in other parts of the world.

Earnings growth for small business employees fell below 4% for the first time in more than two years, according to Paychex.

Ensure compliance with FASB guidelines and build business confidence.

Revenue Ruling 2023-14 clarifies the rules around what exactly counts as income for certain crypto-activities.

The board proposed an ASU Monday to give investors more information about a company's expenses.

Basis Climate introduced a digital exchange where companies can buy and sell renewable energy tax credits like the kind offered under the Inflation Reduction Act.

With the IRS cracking down, knowing when and how clients can claim the credit — and when they can't — is critical.

The board disciplined five auditing firms for violating its rules and standards when communicating with audit committees.

David Padrino will be spearheading many of the slated improvements funded by the IRA.

Tax experts testified during a hearing about the Employee Retention Credit and the issues they and their clients are facing.

The Financial Accounting Foundation is looking for candidates to join the council that advises FASB.

He reiterated that American officials must be able to review the audit papers of Chinese companies that trade in the U.S.

New AuditBoard solution focused on IT risk management; KPMG deepens relationship with Service Now; and other news and updates from the accounting technology arena.

Opinions are divided on the new requirement for companies to report material cyberincidents within four days.

The service is using the extra funding it received from the IRA to audit big, complex partnerships using data analytics and other technology tools, while working on hiring more experienced accountants.

A recent report shows CFOs are looking to drastically cut costs, but two safe areas are staff and technology.

The board announced 369 accounting and auditing students will receive $10,000 in scholarships as part of its PCAOB Scholars program.

The Internal Revenue Service will be adding extra procedures to deter scammers who have been inundating the agency with bogus claims for the Employee Retention Credit.

Lawyers and federal prosecutors came to an agreement during the hearing to limit the plea deal to apply to only tax crimes, drug offenses and a firearm violation between the years 2014 to 2019.